Portable savings bank



July 8, 1930. s. SILVER ET AL PORTABLE SAVINGS BANK Filed Dec. 2'7,192'! 2 Sheets-Sheet l 2 4- '23 INSTRUGTIONK-J CLOTHING 4 :xpEns E 6oivEuJPM medici e EducnZL'o/z ms on 6% more EXP-- ms up INCOME FOOD July8, 1930. s. SILVER ET AL 1,770,146

PORTABLE SAVINGS BANK Filed Dec. 27, 1927 2 Sheets-Sheet 2 gnomio'cPatented July 8, 1930 UNITED STATES PATENT OFFICE SAMUEL SILVER, OFBROOKLYN, NEW YORK, AND EMIE KIMMIG, OF JERSEY CITY, NEW JERSEY PORTABLESAVINGS BANK Application filed December 27, 1927. Serial No. 242,617.

The invention relates to aportable savings bank and more particularly toa budget bank, consisting of a steel box with a suitable locking device,enclosing a number of bill paper currency pockets in a compartment and acorresponding number of slotted coin containers.

The object of the invention is to produce a box having an upwardlyswinging lid of compact construction and neat appearance, with a.plurality of compartments in which separate bill and corresponding coincontainers may be removably arranged.

Another object of the invention is to provide a budget box, wherein acertain percentage of the weekly or monthly income may be so arrangedthat money set apart may be readily identified, together with certainprinted instructions showing the percentages of wages to be allotted toeach bill or coin container.

Still another object of the invention is to rovide removable slottedcovers independent of the box cover, for the coin containers which arealso readily removable from the box, if desired, with means to retainthem in a prearranged position.

In the accompanying drawings, part of this application,

Fig. 1 is a perspective view of the invention in a closed or lockedposition;

Fig. 2 is a front'elevation of the box open;

Fig. 3 is a plan view of the box open, showing the bill and coincontainers in position, also the printed instructions on the inside ofthe lid and front of the box;

Fig. 4 is a section on the line 4, 4, of Fig. 2, showing the box closed;

Fig. 5 is a section on line 5, 5, of Fig. 2, showing the box open;

Fig. 6 is a fragmentary view of the support for the coin containers,showing how the spring members for holding the container in position areproduced;

Fig. 7 is a perspective view of one of the bill containers.

The same letters of reference denote the same parts throughout theseveral figures in the drawings.

A box 10 is made from any suitable mateforming rial preferably such asthin steel plate or similar metal. The endsll, back 12 and bottom 13 arecut out from one piece of material, the bottom portion 13 has narrowextensions 14 on each end thereof. The end portions 11, back 12 andbottom 13 with extensions 14 form the main part of the box and arewelded or fastened together in any suitable manner. The front portion 15of the box is hinged to the bottom 13 by means of hinges 16, and hasextending portions 17 which are bent forward and are overlapping ends 11when box is.

closed. The lid 18 of the box is hinged to the back 12 by hinges 19 somedistance below the top of the box and has overlapping portions 20 and 21at each end thereof with similar member 22 at the front.

These portions are bent in right angles to the top and overlap the endsand front portion of the box,

when closed. The overlapping portion 22 of the top 18 is provided withan extension 23 which fits into a lock 24 attached to the upper portionof front 15 and may be opened and The object of these closed by means ofa key. extensions is to keep the box very rigid when in a closedposition.

A vertical compartment 25 is formed by the back wall 12 and a verticalpartition 26 extending from the top of the back 12 downward within closeproximity of the bottom 13 then runs horizontal to the front of the box,

thereby forming a horizontal compartment 27 extending the whole lengthof the box. At each end of the horizontal partition are extensions 28,which are bent downward, and

forming supports for said partition, and it may be riveted or welded tothe ends 11 of the box. Into the vertical compartment 25 are placed thebill containers 29 or receptacles for the paper currency, They areplaced in consecutive order as indicated by the tabs 30.

In the horizontal compartment 27 may be placed bank books or note books.

The horizontal portion of the partition 26 has a number of springmembers 31 formed by punching a large hole 32 leaving the spring membersattached to the body of said partition, which are afterwards bentupward.

These spring memb ers serve to hold the coin boxes in a predeterminedposition and they may easily be removed therefrom.

Each coin box 33 consists of a cylindrical body, closed at the bottom,having at its upper end a threaded portion 34, into which the threadedtop 35 is screwed. The top 35 has a slot 36 for the reception of coins36 also suitable printing thereon for its proper identification.

Referring to Fig. 7 it will be seen that the bill container 29 consistsof an envelope or folder with an upwardly extending tab 30 in which thepaper currency 30 may be placed. On the tab 30 may be printed anysuitable wording so as to identify the same for its particular purpose.

7 The printed instruction cards 37-38 may be glued or fastened totheinside of the lid and front of the box respectviely, so that when thebox is opened it affords means or directions how the wages may bedistributed into the several containers according to a prearrangedschedule. 1

The mode of operating the budget bank is as follows: 7

As budgeting is simply a plan of estimating expenses in relation toincome, or rather keeping an expense account before and not after thespending is done, assume that the budgeting is to be done for a familyof four with an income of $100.00 per month. First make a list of theexpenses for the past month under the general items. These items arelisted-in the order of prime importance.

1-Food. 2Shelter, which includes taxes, interest, mortgage, repairs andupkeep of the house. 3Clothing. 4Expenses, which would include heat,light, laundry, telephone, etc. 5--Insurance. 6Developments, which wouldinclude medicine, education, church, charity, etc. Figure out thepercentages of these items and put them down on the printed instructioncard under the heading Income $100.00, as for example as follows: p y

Food 40%Shelter 30%-Clothing 5% Insurance 7%-Developments 6%. If thesalary is paid weekly then use one fourth of these figures as a guideand figure out how much money is to be put'away'in each respectivecontainer. Now it will be seen that $10.00 would be allowed for food forthe coming week, this money the housekeeper may keep on her person. Itwill also be seen that $7 .50 is allowed for shelter. In the billcontainer marked Shelter is now deposited $7.00 in bills and the'50cents is deposited in thecoin container marked Shelter or the wholeamount may be deposited'in the coin container, in thelabsence of anybills, then $3.00 Clothing, and so on until all the money is depositedinto their respective containers.

It will now be seen that at the end of each is deposited in thecontainers marked It is to be understood that these percent- 7 ages maybe changed from time to time to meet the changing needs of the family,also in case the salary should be increased or decreased.

We claim: A portable bank comprising a box having a bottom, sides andback wall formed of a single sheet of metal, a lid swingingly connectedto the back wall, a front wall hinged to the bottom wall made to swingdownward when the lid is opened, a vertical longitudinal partitionforming a compartment adjacent the back wall, the lower end of thepartition having a wall spaced from the bottom of the box, and springclips projecting upwardly from the lower wall forremovably grasping anumber of coin receptacles arranged in spaced formation on the lowerwall.

In testimony whereof we afiix our signa-

